The American announced the shock bout on Monday at a Tokyo press conference after signing a contract with local promotional outfit RIZIN.
Japanese media outlet Tokyo-Sports claim that RIZIN will pay an estimated ¥7billion ($62million) to Mayweather for the bout and he anticipates earning the rest from various broadcast deals/pay-per-view sales.
While a total of $88million may seem like fairly good going for most, it is in fact significantly less than what the 50-0 former pound-for-pound king has become accustomed to making for his recent bouts.
Floyd Mayweather is now used to picking up $100million guarantees – after doing so against Manny Pacquiao and Conor McGregor – before going on to double or treble the figure due to US PPV revenue.
The fighters have declared that the rules and weight class for the contest have not yet been finalised, although it is being reported to be an exhibition boxing match.
In a surprise move, it is claimed that the fight could even end up being as short as three rounds, making it effectively a showcase for the American legend on Japanese soil.
It will undoubtedly draw a sell-out crowd at the 37,000 seat arena and has already made headlines across the globe.
Caption: Mayweather (left), during his last bout against McGregor.
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